DST Systems Management Discusses Q2 2012 Results - Earnings Call Transcript

DST Systems (DST)

Q2 2012 Earnings Call

August 01, 2012 9:00 am ET

Executives

Thomas A. McDonnell - Chief Executive Officer and Director

Stephen C. Hooley - President, Chief Operating Officer and Member of Proxy Committee

Kenneth V. Hager - Chief Financial Officer, Vice President, Treasurer and Member of Proxy Committee

Analysts

James F. Kissane - Crédit Suisse AG, Research Division

David J. Koning - Robert W. Baird & Co. Incorporated, Research Division

Peter J. Heckmann - Avondale Partners, LLC, Research Division

Presentation

Operator

Good morning, and welcome to the DST Systems, Inc. Q2 2012 Earnings Conference Call. [Operator Instructions]

Now I would like to turn the conference over to our host, Mr. Tom McDonnell. Please go ahead.

Thomas A. McDonnell

Good morning. Thanks for joining us. We need to remind everyone that in the course of our conference call today, we'll be making forward-looking statements regarding DST and any of its businesses. Such statements are based on our views as of today, and actual results could differ materially from forecasted results.

There could be a number of factors affecting future results including those risk factors set forth in our latest annual and quarterly reports that we filed with the SEC. All such factors should be considered in evaluating any forward-looking statements that we may make.

Since the participants on the call have access to our detailed earnings release, we'll focus our comments on those items that we believe to be most significant. As a reminder, all of our comments on the financial results refer to our non-GAAP results. A reconciliation to the most comparable GAAP measures have been provided in the second quarter earnings release.

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